PCE, PMI and CB consumer confidence - what can they tell us? Economic Calendar for week starting 24 Mar 2025
Public Holidays
Singapore, Hong Kong, China & the USA have no public holidays in the coming week.
Economic Calendar (24 Mar 2025)
Notable Highlights
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The most watched economic data for the coming week would be the Core PCE price index. This is one of the references used by the Fed for inflation. The result will impact the Fed’s interest rate decision.
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S&P Global Manufacturing PMI and S&P Global Manufacturing PMI will be released. An amount above 50 would suggest global growth in either sector. This would be a good indication for the global economy.
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CB Consumer Confidence is an important reference for consumption outlook. Sentiment can have more impact on consumption than statistics.
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New Home Sales is a good reference for the real estate.
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Durable Goods Orders is one of the indicators for market consumption. This can shed some light on the market outlook.
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Initial jobless claims will be announced. The Federal Reserve uses this as one of the key macro data references as it balances inflation and employment in the economy.
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Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, demand erosion can lead to reduced production & weakened consumer spending.
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- Dollydolly·03-24TOPIncredible insights! Love your analysis! [Great]1Report
- cheezzy·03-24TOPInsightful update1Report
